Aibel awarded another billion-kroner contract – renewables and electrification now account for 60% of order backlog
Ratos company Aibel has been awarded another major contract with Equinor valued at more than NOK 4 billion. The contract pertains to engineering, procurement, construction and installation (ECPI) for the partial electrification of the Oseberg Field Centre and Oseberg South. The contract also includes an upgrade of the gas processing capacity at the Oseberg Field Centre. As part of this project, Aibel will continue to play a central role in decarbonising Norwegian oil and gas production.The contract was awarded following Aibel’s completion of the front-end engineering and design (FEED) of